Dana Inc director awarded 11 dividend equivalent rights
Dana Inc11/28/2025, the director acquired 11 dividend equivalent rights as derivative securities.
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Rhea-AI Filing Summary
Dana Inc11/28/2025, the director acquired 11 dividend equivalent rights as derivative securities. These rights accrued on previously granted restricted stock units and become exercisable in step with those underlying units. Each dividend equivalent right is described as the economic equivalent of one share of Dana common stock, giving the director derivative exposure tied to 11 shares, held as a direct ownership position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 11 | $0.00 | $0.00 |
Footnotes (1)
- F1. Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of Dana common stock.
FAQ
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What insider transaction did Dana Inc (DAN) report on this Form 4?
How many dividend equivalent rights were reported for Dana Inc (DAN)?
What do the dividend equivalent rights represent for Dana Inc (DAN)?
How do the dividend equivalent rights become exercisable at Dana Inc (DAN)?
What type of security underlies the derivative position reported for Dana Inc (DAN)?
Is the reported ownership of the derivative securities direct or indirect for Dana Inc (DAN)?
AI-generated analysis. How Rhea-AI works. Not financial advice.